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Online
Inspirato gets $25M injection from Capital One Ventures
By Linda Fox
|
August 9, 2023
Luxury travel subscription service Inspirato was launched in 2011 and went public via special purpose acquisition company in early 2022.
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News
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Online
IHG reports revenue, user and download gains for its mobile app
By Linda Fox
|
August 9, 2023
The company also revealed the latest developments on attribute selling and its Guest Reservation System.
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News
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Startups
HalalBooking adds $2.5M to Series B round
By Mitra Sorrells
|
August 8, 2023
HalalBooking said its July sales were a record at $10 million, up 45% compared with July 2022, and it expects to reach $75 million in sales this year and $600 million in four to five years.
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Opinion
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Online
Influencers are a new class of travel agents — but lack the right tools
By Betsy Mulé – F-Prime Capital
|
August 7, 2023
Influencers have become a new breed of travel agent, yet they need a way to monetize their efforts, and travelers need the details to recreate their favorite influencers’ experiences for themselves.
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News
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Startups
As rentals mature, so do the services surrounding them
By Linda Fox
|
August 7, 2023
Safely, a company providing insurance solutions, and Sustonica, a startup seeking to provide properties with an environmental sustainability certificate, are two players helping to professionalize...
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News
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Technology
AI Insights: Generative AI to develop a white-label travel assistant
By PhocusWire
|
August 7, 2023
Live the World's CEO Joris Vanherp answers our questions about how the startup is using generative AI.
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News
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Online
Booking’s Fogel sees signs of “record summer travel season”
By Derek Catron
|
August 3, 2023
Booking Holdings enjoyed record gross travel bookings in Q2, but CEO Glenn Fogel sees even better things coming based on July figures.
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News
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Online
Expedia Group sees cause for optimism in record Q2 earnings
By Derek Catron
|
August 3, 2023
While revenues slowed and fell below analysts’ estimates, CEO Peter Kern saw promise in Expedia Group’s plans for the rest of the year.
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News
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Online
EaseMyTrip expands through three acquisitions in India
By Linda Fox
|
August 3, 2023
The acquisitions, which will be paid for by equity shares, are Guideline Travels Holidays, TripShope Travel Technologies and Dook Travels and are part of EaseMyTrip's growth strategy.
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News
/
Technology
AI Insights: Generative AI for multimodal travel
By PhocusWire
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August 3, 2023
Omio’s chief technology officer Tomas Vocetka answers our questions about how the company is working with generative artificial intelligence technology.
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News
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Distribution
Sabre notes "momentum" across the business
By Linda Fox
|
August 3, 2023
An improvement in profit driven by travel bookings was partially offset by increased incentive costs, hospitality transaction costs and expenses related to the head count reduction.
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News
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Online
Trivago second quarter revenue dips
By Linda Fox
|
August 2, 2023
Referral revenue decreased from €141 million to almost €123 million while return on advertising spend was 145% versus 166%.
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News
/
Online
Uber sees first-ever quarterly profits while eyeing travel tours markets
By Derek Catron
|
August 1, 2023
Q2 earnings of $9.2 billion boosted the drive to profitability, and CEO Dara Khosrowshahi spoke about the value of machine learning and opportunities in the U.K. travel tour operating market.
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News
/
Technology
Airalo lands $60M, plans eSIM product for businesses
By Linda Fox
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August 1, 2023
The round, which brings Airalo's total funding to $67.3 including $5.4 million in late 2021, was led by e& Capital, the investment arm of technology specialist e&.
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News
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Online
MakeMyTrip reports gains across air, hotels and buses
By Linda Fox
|
August 1, 2023
Rajesh Magow, group chief executive, said the company had hit "all-time high gross bookings and profits."
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Spain fines Amadeus €14.4M over traveler profiling pilot
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OTA marketing spend creeps up despite talk of AI-driven efficiency
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The Plaid moment hospitality can't afford to miss
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Inside the Philippines’ most overlooked $36B digital market
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Juniper Group acquires Deem from Travelport
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